Managing ESG Compliance in Complex Supply Chains

Responding to Emerging Regulations, Protecting Licenses, Increasing Shareholder Confidence

A live 90-minute CLE video webinar with interactive Q&A


Thursday, June 17, 2021 (in 3 days)

1:00pm-2:30pm EDT, 10:00am-11:30am PDT

or call 1-800-926-7926

This CLE webinar will discuss the potential environmental, social, and governance (ESG) issues posed by suppliers in increasingly complex supply chains that can increase reputational risks to an organization. The panel will address legal requirements in the U.S., EU, China, and other countries, as well as the privacy compliance issues.

Description

ESG helps investors grasp a business' sustainability and societal impact to determine a company's current valuation and future performance, maximize profits, and prioritize a sustainable supply chain for long-term growth. ESG points to a fundamentally new way of doing business.

From an ESG perspective, the supply chain represents the largest potential ESG risk for most companies--and the area of most significant benefit. While digital supply chain platforms have disrupted many parts of the economy, most large businesses procure and source as they have for decades.

Companies and their counsel have several options after determining ESG compliance problems. Companies should work through their supply chain to ensure compliance and support supplier sourcing decisions. A major consideration in supplier selection and negotiation is their risk level in corporate social responsibility and compliance.

Businesses must also mitigate environmental risks, identifying factories or farms in high-risk zones for deforestation, water stress, social risk, or protected lands. Businesses can identify these risks and work with their supplier to identify new sources and target mitigation programs.

Listen as our authoritative panel guides counsel on navigating the global supply chain, addressing the ESG compliance requirements in conjunction with local regulations. The panel will discuss ways businesses can proceed while retaining licenses to operate internationally while meeting ESG standards and increasing shareholder confidence.

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Outline

  1. Environmental, social, and governmental standards
    1. History of ESG
    2. Relation to supply chain
  2. Typical remedies
    1. Fix noncompliance
    2. Support supplier sourcing decisions
    3. Mitigate environmental risks
  3. International regulations
  4. Licensing issues
  5. Shareholder confidence

Benefits

The panel will review these and other important topics:

  • What is ESG, and how does it affect the supply chain?
  • What are shareholder expectations in monitoring the supply chain for ESG compliance?
  • What types of remedies are available when ESG noncompliance is discovered?
  • What benefits do corporations receive for establishing an ESG-compliant supply chain?

Faculty

MacLennan, Bruce
Bruce W. MacLennan

Counsel
White and Williams

Mr. MacLennan’s practice consists of advising clients based in the U.S., Asia and Europe and the U.K. on...  |  Read More

Orr, Sara
Sara K. Orr

Partner, ESG & Impact
Kirkland & Ellis

Ms. Orr advises clients around the world on environmental, social and governance (ESG) issues. She has almost two...  |  Read More

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Cannot Attend June 17?

You may pre-order a recording to listen at your convenience. Recordings are available 48 hours after the webinar. Strafford will process CLE credit for one person on each recording. All formats include program handouts.

To find out which recorded format will provide the best CLE option, select your state:

CLE On-Demand Video

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